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A final push possible on USD/JPY as it starts approaching a price line of 116.1970.

USD/JPY is heading towards 116.1970 and could reach this point within the next 9 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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Huge bearish move on NZD/USD

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After experiencing a 12.76% bullish move in the space of 36 days, nobody knows where Procter & Gamble Co. is headed.

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